1425 Cedar Avenue Long Beach, CA $ 2,045,000
1425 Cedar Avenue
$ 2,045,000
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1425 Cedar Avenue

Long Beach, CA, 90813
$ 2,045,000
Baths1.0 Sq 6,222

Monthly Estimate*

$ 12,912

Listed by Marcus & Millichap RE Invest
1425 Cedar Avenue, Long Beach, CA 90813 - Image 1
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Studio

Multi-Family Home for sale in Long Beach, CA

for $2,045,000 with 1 full bath. This 6,222 square foot home was built in 1953 on a lot size of 0.15.

1425 Cedar Avenue is a 10-unit multifamily investment property located in Long Beach, California. Constructed in 1953, the property consists of two buildings totaling approximately ± 6,222 rentable square feet and features a desirable mix of one- and two-bedroom residences within an established residential setting. The property offers a functional courtyard-style configuration with resident amenities that support everyday convenience and complement the character of the community. Gated access, dedicated garage parking, and shared community features enhance the resident experience while providing practical attributes valued within the Long Beach rental market. 1425 Cedar Avenue is centrally positioned near Downtown Long Beach with convenient access to major employment centers, public transportation, retail, dining, and recreational destinations throughout the city. The surrounding neighborhood is also benefiting from substantial public investment, including the ongoing transformation of Washington Middle School across the street from the property on Cedar Avenue. Together, 1425 Cedar Avenue’s established operating profile, balanced unit mix, resident amenities, and proximity to significant neighborhood investment create a compelling multifamily acquisition opportunity in Long Beach.

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Multi-Family Active

Price

$ 2,045,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1953

Town/City

Long Beach

County/Region

Los Angeles

MLS | Web ID

OC26183126

Days on Market

5

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1953
Property Subtype Apartment
Gross Income 220416
Community Features Curbs Gutter(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 144430
Operating Expense 69528
Insurance Expense 10772
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 8000
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Streets of Cedar Avenue & West 15th Street
City Long Beach
Entry Location First level
Senior Community Y/N false
Number Of Units Total 10
MLS Area 4 - Downtown Area Alamitos Beach
Lot Size Units Acres
Lot Size Square Feet 6534
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 1794
Fuel Expense 1794
Trash Expense 1794
Water Sewer Expense 1794
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 20
Property Sub Type Additional Apartment
Taxes 25970
Cap Rate 7.06
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Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 4
Lot Size Area 0.15
Number of Buildings 2
Building Area Total 6222
Lot Size Acres 0.15
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

tleeson@marcusmillichap.com

Email

Affordability Calculator

$12,912
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,912
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2026$2,045,000 Listed Price

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1425 Cedar Avenue, Long Beach, CA, 90813 is a Multi-Family Home for sale at $2,045,000 with 6,222 sqft and a lot size of 0.15. 1425 Cedar Avenue is a studio with 1.0 baths and was built in 1953. The property's zip code is 90813 which is in Long Beach, CA